India's Wockhardt jumps on Sputnik vaccine deal with Dubai's Enso

Wockhardt

13/08/2021 05:45

** Shares of Indian pharmaceutical co  WCKH.NS  up as much
as 8.1% at 528.7 rupees - their biggest pct gain since May 26
    ** Co signs https://bit.ly/37GfQt4 manufacturing & supply
deal with Dubai's Enso Healthcare DMCC and Human Vaccine LLC, a
unit of Russian Direct Investment Fund, for Sputnik V and
Sputnik Light COVID-19 vaccine
    ** WCKH will make and supply to Enso up to 620 mln doses of
the Sputnik V and the Sputnik Light shots 
    ** More than 865,000 shares traded by 0433 GMT, 1.2 times
their 30-day avg
    ** As of last close, stock fell 10.5% so far this year vs a
9.42% rise in the Nifty Pharma index  .NIPHARM 

 (Reporting by Rama Venkat in Bengaluru)
 ((ramavenkat.raman@thomsonreuters.com; https://twitter.com/ramavenkat0607;))